EVP/CIO Bert Hunter named to PACENation board; VP Mackey Dykes to serve on Leadership Council
Rocky Hill, CT (March 27, 2017) – The Connecticut Green Bank is proud to announce that Executive Vice President and Chief Investment Officer Bert Hunter has been named to the PACENation Board of Directors. Additionally, Vice President Commercial and Industrial Programs Mackey Dykes has been appointed to serve on the PACENation Leadership Council, an advisory committee for the organization.
PACENation is a movement of people and organizations united in their support for Property Assessed Clean Energy (PACE) financing. PACENation works towards a future in which PACE financing is used to fund energy efficiency, renewable energy, and resiliency upgrades to homes and commercial buildings in every municipality across the United States. Currently, PACE programs are operating in 19 states, including Connecticut, which has a thriving Commercial PACE (C-PACE) program.
“We are very glad that Bert agreed to join our Board,” said David Gabrielson, Executive Director of PACENation. “He’s got a very extensive background in finance and investment, and he’s a leading expert in clean energy finance and PACE. It’s a perfect fit and he will be a great asset as we continue to promote the value of PACE.”
As the Connecticut Green Bank’s Chief Investment Officer, Hunter leads the development of new and innovative financing programs designed to attract more private capital to scale-up the state’s clean energy investments. In its first five years, the Green Bank has used its resources to drive more than $1 billion of clean energy investment in Connecticut. Projects recorded through FY 2016 show that for every $1 of public funds committed by the Green Bank that an additional $6 in private investment occurred in the economy, which has helped create thousands of jobs in our communities, prevented the emissions of millions of tons of greenhouse gas emissions, and facilitated rapid growth in the deployment of clean energy.
After joining the Connecticut Green Bank in 2012, Dykes served as their Vice President and Chief Operating Officer. In that role, he helped lead the transformation, development and implementation of the Green Bank’s clean energy financing mission as well as running its day-to-day operations. In 2016, Dykes assumed responsibility for the Commercial, Industrial and Institutional portfolio, and through programs such as C-PACE, he helps commercial and industrial building owners, non-profits, schools and hospitals access affordable capital for clean energy projects. Prior to joining the Green Bank, Dykes was the White House Liaison at the U.S. Department of Energy.
The formation of the Leadership Council will create a more formal means for members to share insights on the market, ideas, opinions, and advice with PACENation staff and its Board of Directors.
“Our goal is to create a Council whose members are leaders in the PACE marketplace and whose composition really reflects the breadth of organizations from all sectors that have been working constructively toward making PACE financing available to all building owners throughout the U.S.” said Gabrielson, adding “Mackey has helped build one of the most successful C-PACE programs in the country.”
For more information on Connecticut Green Bank, please visit www.ctgreenbank.com.
About the Connecticut Green Bank
The Connecticut Green Bank was established by the Connecticut General Assembly on July 1, 2011 as a part of Public Act 11-80. As the nation’s first full-scale green bank, it is leading the clean energy finance movement by leveraging public and private funds to scale-up renewable energy deployment and energy efficiency projects across Connecticut. The Green Bank’s success in accelerating private investment in clean energy is helping Connecticut create jobs, increase economic prosperity, promote energy security and address climate change. For more information about the Connecticut Green Bank, please visit www.ctgreenbank.com.
PACENation is the national, non-profit advocacy organization for Property Assessed Clean Energy (PACE) financing. To learn more about PACENation, please visit pacenation.us